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Apple In Talks With Reliance Retail For Apple Store

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Macheads across India would probably get goose pimples at the thought of this: Reliance Retail is in negotiations with Apple for opening Apple stores in India, reports the Financial Express. Apple stores are single brand retail outlets, and Apple Inc can hold 51 percent equity in the venture. Currently there are Apple stores in Britain, Canada, Italy and Japan, and around over 160 in the US. More than the iPod, it’s probably the mobile opportunity in India that Apple must be eying, with the iPhone due to be launched on the 29th of this month…hey, it might be launched in India four years from now.

Jun 12, 2007 11:30 PM ET

Posted In: Entertainment, Music, Mobile

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